ING IM International Appoints CIO

ING Investment Management has appointed Hans Stoter as chief investment officer and member of the international management committee. Stoter has been with ING IM since 1998 and succeeds Mark Weber, who has returned to the US office of ING IM to resume his responsibilities as executive vice president of structured assets, loans and alternatives.

PRESS RELEASE

ING Investment Management (ING IM) on Wednesday announced the appointment of Hans Stoter as Chief Investment Officer (CIO) and member of the International Management Committee.

Hans has been with ING IM since 1998 and succeeds Mark Weber, who has returned to the US office of ING IM to resume his responsibilities as Executive Vice President of Structured Assets, Loans and Alternatives.

As CIO, Hans will also chair the Global Investment Leadership Team, which oversees the investment teams, investment processes, portfolio performance, and risk characteristics of mandates and funds managed by ING IM International’s investment boutiques. His appointment is subject to regulatory approval.

Gilbert Van Hassel, Chief Executive Officer, ING Investment Management: “Hans’ track record in international investing and team leadership makes him extremely qualified to assume the role of CIO. He has 22 years of experience in our industry and has been a member of the Global Investment Leadership Team since 2011. We’re delighted to promote such a strong internal candidate to this role.”

Tim Dowling will succeed Hans in his former role as Head of Credit Investments and Lead Portfolio Manager Global High Yield. Tim, currently Team Leader and Lead Portfolio Manager US High Yield, is an industry veteran with 27 years of credit and high yield investment experience, including 5 years with ING Investment Management.

Tim will remain located in ING IM International’s satellite office in New York, from where he will lead the multi-site global credit team and have continued responsibility for the investment process for the US region. He will report directly to Hans.

END

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Lydia Cambata
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